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Starbucks to cut 1,100 corporate employees

Hosted on MSN · 18h

Starbucks to cut 1,100 corporate roles in CEO Niccol's turnaround push

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain, which has been struggling with falling sales. "We are simplifying our structure,

Cebu Daily News on MSN · 1h

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by midday Tuesday.

The New York Times · 19h

Starbucks to Lay Off 1,100 Corporate Employees Amid Sluggish Sales

The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.

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Starbucks Stock In Focus As CEO Announces Layoffs: Retail Stays Bullish

Shares of Starbucks Corp (SBUX) rose more than 1.30% on Monday after the company reportedly announced it will lay off 1,100 ...

4don MSN

Starbucks hoped mobile orders and the drive-thru would save its business. New CEO Brian Niccol says that was a mistake

Starbucks’ “mosh pit” problem at the barista counter has been a priority for new CEO Brian Niccol to fix quickly. He said the ...

7h

Starbucks is cutting these 13 'less popular' drinks from the menu

As part of our plan to get back to Starbucks, we’re simplifying our menu to focus on fewer, more popular items, executed with ...

Hosted on MSN6h

Starbucks removing over a dozen drinks from its menu next week: Here’s the list

Starbucks revealed 13 drinks that will no longer be on the menu starting Tuesday, March 4. “We’re simplifying our menu to ...

4hon MSN

Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say

KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, ...

Starbucks announces large-scale staff downsizing

Arguably the world's most important coffee store chain, Starbucks announced Monday the termination of 1,100 corporate jobs, ...

19hon MSN

Starbucks to lay off 1,100 corporate employees

Starbucks CEO Brian Niccol told employees on Monday that the company was laying off 1,100 from its corporate offices and ...

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